The House of Reps has a solution to those crazy AIG bonuses: a new tax that will claw back 90 percent of the income of anyone paid more than $250,000 by any firm that got more than $5 billion in bailout money.
The House measure would apply a 90% tax on bonuses given to employees who earn more than $250,000 at any firm that received more than $5 billion in bailout money.
U.S. House OKs bill for new tax on AIG bonuses
A Senate proposal would would impose a 35% excise tax on companies paying bonuses and a 35% tax on employees receiving them. It would apply to all companies that received federal bailout funds.
Sen. Harry Reid, D-Nev., the Senate Majority Leader, said he doesn't think it will be much of a problem to resolve the differences between the House and Senate. They are hoping to move on the Senate bill next week.
When all you have is a hammer, everything looks like a nail; when all you have is clip art of a hooded hacker figure…
States across America are considering “Right to Repair” legislation that would guarantee your right to choose who fixes your stuff (or to fix it yourself); but they’re fighting stiff headwinds, from the motorcycle makers who claim that fixing your motorcycle should be a crime to Apple, who feel the same way, but about phones.
“Stephen Colbert” is a character that was once played by Stephen Colbert: a right-wing blowhard pundit who called Bill O’Reilly “Papa Bear.” When Colbert took over the Late Show, the “Stephen Colbert” character disappeared (possibly because Viacom claimed the rights to it!), but now and again, he reappears.
When you can’t wait for the world’s longest meeting to end, the mindless leg bouncing makes your boredom obvious and just annoys everybody else. Everyone knows the TPS reports need the damn cover sheet, but some sadistic colleague keeps forgetting, probably on purpose just to eat into your lunch hour. Enough is enough!While serving a […]
What could be more fun than a slingshot that shoots tiny airplanes? A slingshot that shoots tiny glowing airplanes of course! These toy planes are outfitted with ultra-bright LEDs, so you can fly all night without losing them in the trees.Whether you are a regular-sized child, or an overgrown adult one, these light-up flyers offer […]
You know the drill. You go to the dentist and they ask you how often you floss. You lie through your teeth and say, “every day!” (Bonus points if you have some cilantro or chives stuck in your gums from lunch). You don’t want to keep up the charade any longer, but rubbing that tiny strand […]